The hottest Zoomlion is listed in Hong Kong and ex

Zoomlion listed in Hong Kong and expanded its overseas market on a large scale

Zoomlion listed in Hong Kong and expanded its overseas market on a large scale

China Construction Machinery Information

Guide: Zoomlion, the second largest construction machinery company in China, was listed in Hong Kong yesterday (23rd). The closing times was HK $16.18, with a full day increase of more than 8%. This stock became the highest trading volume of Hong Kong stocks yesterday. In an exclusive interview, several senior executives of the company said that Zoomlion would raise

Zoomlion, the second largest construction machinery company in China, was listed in Hong Kong yesterday (23rd). The closing times was HK $16.18, with a full day increase of more than 8%. This stock became the highest trading volume of Hong Kong stocks yesterday

in an exclusive interview, several senior executives of the company said that Zoomlion would significantly increase the share of overseas markets in the future. However, the growth rate of sales in the European and American markets next year remains to be seen

Zoomlion issued 870million shares in Hong Kong this time, 95% of which came from international placement

in fact, after the acquisition of CIFA, an Italian concrete machinery company, in 2008, Zoomlion had a complete set of overall overseas expansion plans and implemented them

Su Zimeng, Secretary General of China Construction Machinery Industry Association, said that the overseas sales volume of general construction machinery companies in mid-2008 was US $13.4 billion (the highest in History), US $7.7 billion in 2009 and US $10billion in 2010. "Next year, there may be a resumption of growth, but whether it can reach the high point of US $13.4 billion remains to be seen."

hewenjin, vice president of Zoomlion, believes that the overall sales growth of Chinese construction machinery enterprises in overseas markets next year may be about 20%, and the overseas turnover of Zoomlion may double that of 2010. "The main growth points of the" Zoomlion "brand are in South Asia, South America and the Middle East." He said that in the future, the improvement of Zoomlion's overseas market performance is reflected in several aspects: first, external reasons, the market recovery in various regions has been faster and faster; Second, China's energy density is related to the endurance capacity of power batteries. Enterprises have also set up R & D and sales bases abroad in the past few years, which has laid a foundation and accumulated; Third, Zoomlion will increase its investment in overseas markets after its listing in Hong Kong. Yu aibin, an analyst at Guosen Securities, said that even if some European countries come out of the debt crisis next year, the United States will introduce the electronic control system of the high-frequency fatigue testing machine. Part of the unemployment rate has decreased, and industrial enterprises have gradually resumed production, but don't forget that European and American machinery companies also have a relatively wide local sales network, "For example, caterpillar, Sandvik and Volvo will also increase investment and market development." Therefore, it may be difficult for Chinese companies to seize the European and American markets in the short term. He said: "after three to five years of political and economic stability in Europe and the United States, Chinese enterprises may usher in a new round of growth peak in the European and American markets."